LOVING RANCH

Operated by BORDERLINE OPERATING CORP. (P-5 82999) in the OLIVER LOVING (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20444District 09Field 67174500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – Nov 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
395
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4 leases and 11 wells, and the rule below applies to all of them.

Discovered
1980-09-24
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition105,030 bbl$4,621,801
Casinghead gasProduction42 Mcf$0
Total$4,621,801

42 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (7)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.2786, -98.4307. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

33.28130, -98.43006 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
7 of 7 wells
With a plug date
85.7%
6 of 7 wells
Median depth
5,255 ft
7 wells filed one
Completion to plug
29.3 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
685.7%
BothOn the schedule and plugged. Neither fact cancels the other.
685.7%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 5,169 and 5,400 ft, median 5,255 ft, over the 7 wells that filed a depth.

Completions filed
Sep 1980 – Oct 2024
7 of 7 wells
Plug dates filed
Sep 2015 – Oct 2025
6 of 7 wells; 1 filed none

Last completion to plug: a median of 29.3 years across the 6 wells that filed both dates, with the middle half between 22.8 years and 35.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-5034113275,198 ftOct 2024Yes
42-5034116295,383 ftFeb 2003Sep 2018Yes
42-5034115885,355 ftDec 2002Jul 2025Yes
42-5034109665,169 ftFeb 2002Oct 2025Yes
42-5033680245,255 ftMay 1983Oct 2018Yes
42-5033522735,250 ftNov 1981Sep 2025Yes
42-5033370025,400 ftSep 1980Sep 2015Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (395)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

395 months

Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024164069.612.36$11,416
Aug 202494075.632.06$7,109
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20231074.852.64$75
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023182076.533.39$13,928
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022179087.185.86$15,605
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221800115.097.98$20,716
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022181091.054.86$16,480
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021182077.435.24$14,092
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021178070.783.98$12,599
Jun 20211069.493.38$69
May 2021181063.483.02$11,490
Apr 20210060.362.76$0
Mar 2021182061.302.72$11,157
Feb 20210057.805.55$0
Jan 2021182050.412.81$9,175
Dec 2020178044.642.68$7,946
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020175039.982.39$6,997
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020179049.881.98$8,929
Jan 2020174057.252.09$9,962
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019178055.052.66$9,799
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019164058.482.74$9,591
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019186050.852.79$9,458
Jan 20190046.033.23$0
Dec 2018180046.594.19$8,386
Nov 20180052.934.24$0
Oct 2018186061.443.40$11,428
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018174060.183.08$10,471
May 20180065.382.90$0
Apr 2018183063.842.90$11,683
Mar 20180061.222.79$0
Feb 2018187061.782.77$11,553
Jan 20180062.874.01$0
Dec 2017185057.272.92$10,595
Nov 20170055.423.12$0
Oct 2017187049.292.98$9,217
Sep 2017178047.523.09$8,459
Aug 20170045.373.00$0
Jul 2017184043.873.09$8,072
Jun 2017183042.493.09$7,776
May 20170045.373.26$0
Apr 2017182047.933.21$8,723
Mar 20170046.772.98$0
Feb 2017183050.452.95$9,232
Jan 20170049.413.42$0
Dec 2016185048.763.72$9,021
Nov 2016182042.492.64$7,733
Oct 20160046.193.09$0
Sep 2016183041.553.10$7,604
Aug 20160041.442.92$0
Jul 2016180041.622.92$7,492
Jun 2016183045.352.69$8,299
May 2016184042.521.99$7,824
Apr 2016185036.561.99$6,764
Mar 2016182033.011.79$6,008
Feb 2016181026.472.06$4,791
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015184038.792.17$7,137
Oct 2015184043.552.43$8,013
Sep 20150042.992.76$0
Aug 2015181040.162.87$7,269
Jul 2015184048.152.95$8,860
Jun 20150056.152.88$0
May 2015179055.212.96$9,883
Apr 20150049.822.71$0
Mar 2015184042.892.93$7,892
Feb 2015187044.662.98$8,351
Jan 2015192043.433.10$8,339
Dec 2014189054.693.59$10,336
Nov 2014185070.464.25$13,035
Oct 20140078.303.90$0
Sep 2014184086.164.05$15,853
Aug 2014187089.394.04$16,716
Jul 20140096.564.18$0
Jun 2014181098.164.74$17,767
May 2014188094.734.73$17,809
Apr 2014186095.944.81$17,845
Mar 2014186095.895.06$17,836
Feb 20140097.406.19$0
Jan 2014378090.404.86$34,171
Dec 20130091.824.35$0
Nov 2013186088.853.74$16,526
Oct 2013185097.423.78$18,023
Sep 201310104.113.72$104
Aug 20131820104.253.52$18,974
Jul 20131870102.523.72$19,171
Jun 2013185094.403.93$17,464
May 2013187094.834.15$17,733
Apr 2013184093.964.28$17,289
Mar 20130093.623.91$0
Feb 2013185091.233.42$16,878
Jan 2013190091.603.42$17,404
Dec 2012187086.773.42$16,226
Nov 2012185086.953.62$16,086
Oct 2012188089.383.40$16,803
Sep 2012184094.672.92$17,419
Aug 2012186092.662.91$17,235
Jul 2012183085.133.02$15,579
Jun 2012184079.822.52$14,687
May 2012181091.612.49$16,581
Apr 20121860101.652.00$18,907
Mar 20121850105.052.22$19,434
Feb 20121890101.102.57$19,108
Jan 2012377098.092.73$36,980
Dec 2011188096.873.24$18,212
Nov 20110095.723.31$0
Oct 2011187084.983.65$15,891
Sep 2011181083.623.99$15,135
Aug 20110083.404.15$0
Jul 2011180094.144.52$16,945
Jun 2011181092.904.64$16,815
May 2011179098.134.40$17,565
Apr 201100105.964.33$0
Mar 2011180096.364.06$17,345
Feb 2011184085.644.18$15,758
Jan 2011179086.504.59$15,484
Dec 20100085.734.35$0
Nov 2010177080.843.80$14,309
Oct 2010182078.103.51$14,214
Sep 2010183072.633.98$13,291
Aug 2010181073.684.42$13,336
Jul 2010178072.554.74$12,914
Jun 2010179070.364.91$12,594
May 2010182071.124.24$12,944
Apr 2010179081.694.12$14,623
Mar 2010183078.394.39$14,345
Feb 2010175073.585.44$12,877
Jan 2010183074.365.96$13,608
Dec 2009184071.445.48$13,145
Nov 2009182074.593.75$13,575
Oct 2009182072.544.11$13,202
Sep 2009183065.543.06$11,994
Aug 2009181067.423.22$12,203
Jul 2009182061.133.46$11,126
Jun 2009176066.163.90$11,644
May 2009184054.743.93$10,072
Apr 2009369046.773.59$17,258
Mar 2009176042.144.06$7,417
Feb 2009363032.814.63$11,910
Jan 2009181035.865.37$6,491
Dec 2008354037.105.98$13,133
Nov 2008354055.496.86$19,643
Oct 2008364075.246.92$27,387
Sep 20081820101.767.88$18,520
Aug 20085440114.228.48$62,136
Jul 20083550131.0811.39$46,533
Jun 20083490131.3313.03$45,834
May 20085260123.1711.57$64,787
Apr 20083620110.3110.45$39,932
Mar 20083630101.909.66$36,990
Feb 2008361092.538.77$33,403
Jan 2008547090.388.21$49,438
Dec 2007183088.337.30$16,164
Nov 2007532091.677.29$48,768
Oct 2007533082.856.92$44,159
Sep 2007530075.846.24$40,195
Aug 2007355069.066.39$24,516
Jul 2007717070.906.39$50,835
Jun 2007533062.007.55$33,046
May 2007360058.747.85$21,146
Apr 2007544059.617.81$32,428
Mar 2007717056.927.30$40,812
Feb 2007182055.108.22$10,028
Jan 2007181050.306.73$9,104
Dec 2006169056.656.92$9,574
Nov 2006178054.207.62$9,648
Oct 2006350054.906.01$19,215
Sep 2006183060.085.04$10,995
Aug 2006359068.717.34$24,667
Jul 2006712069.376.34$49,391
Jun 2006905066.286.38$59,983
May 2006912066.016.42$60,201
Apr 2006903064.397.36$58,144
Mar 20061,081056.707.08$61,293
Feb 2006536057.597.75$30,868
Jan 2006546060.598.93$33,082
Dec 2005557054.9413.42$30,602
Nov 2005909054.6910.59$49,713
Oct 2005731058.3413.80$42,647
Sep 2005908061.4512.08$55,797
Aug 2005728061.519.80$44,779
Jul 2005726055.697.84$40,431
Jun 2005548052.337.38$28,677
May 2005549045.226.65$24,826
Apr 2005734049.207.36$36,113
Mar 2005736050.377.15$37,072
Feb 2005743045.226.31$33,598
Jan 2005735043.166.32$31,723
Dec 2004557039.866.75$22,202
Nov 2004551045.286.33$24,949
Oct 2004912049.706.52$45,326
Sep 2004725043.245.28$31,349
Aug 2004731042.375.55$30,972
Jul 2004727038.286.08$27,830
Jun 2004362036.106.43$13,068
May 2004736037.486.49$27,585
Apr 2004732034.475.86$25,232
Mar 2004911034.365.53$31,302
Feb 2004879032.455.51$28,524
Jan 2004867032.036.30$27,770
Dec 20031,194030.266.30$36,130
Nov 2003887028.804.60$25,546
Oct 20031,267028.174.76$35,691
Sep 20031,056026.314.75$27,783
Aug 20031,075029.765.13$31,992
Jul 20031,060029.415.17$31,175
Jun 20031,037028.565.98$29,617
May 20031,090026.595.97$28,983
Apr 20031,081026.675.41$28,830
Mar 20031,079031.146.10$33,600
Feb 2003912033.487.93$30,534
Jan 20031,441030.315.58$43,677
Dec 20021,240026.914.85$33,368
Nov 20021,038024.664.14$25,597
Oct 20021,024026.464.23$27,095
Sep 20021,222027.443.64$33,532
Aug 2002828025.963.16$21,495
Jul 20021,011024.583.06$24,850
Jun 20021,045023.733.34$24,798
May 20021,059024.663.58$26,115
Apr 20021,205023.653.51$28,498
Mar 2002824022.003.10$18,128
Feb 20020018.222.38$0
Jan 2002165017.172.38$2,833
Dec 2001175016.932.36$2,963
Nov 20010018.072.41$0
Oct 2001176019.782.53$3,481
Sep 2001171024.262.25$4,148
Aug 20010024.873.05$0
Jul 2001174023.933.20$4,164
Jun 2001174024.563.82$4,273
May 2001177025.524.31$4,517
Apr 2001542024.685.34$13,377
Mar 20012024.545.38$49
Feb 2001177027.755.77$4,912
Jan 20011027.478.40$27
Dec 20000026.889.12$0
Nov 20001032.215.66$32
Oct 2000161031.235.15$5,028
Sep 20000031.875.19$0
Aug 2000354029.644.54$10,493
Jul 2000346028.534.09$9,871
Jun 2000343029.304.40$10,050
May 2000172027.263.68$4,689
Apr 2000354024.513.12$8,677
Mar 2000354028.422.86$10,061
Feb 20000027.622.73$0
Jan 2000341025.272.48$8,617
Dec 1999186024.282.42$4,516
Nov 1999349023.192.43$8,093
Oct 1999360020.982.80$7,553
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999160017.892.37$2,862
Jun 19990015.942.36$0
May 1999176015.792.32$2,779
Apr 1999184015.102.21$2,778
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998186010.892.19$2,026
Oct 1998186012.421.97$2,310
Sep 1998179012.592.08$2,254
Aug 1998179011.301.91$2,023
Jul 1998352011.742.24$4,132
Jun 1998176011.242.24$1,978
May 1998177012.622.21$2,234
Apr 1998166013.042.51$2,165
Mar 1998181012.802.31$2,317
Feb 1998354013.952.30$4,938
Jan 19980014.702.15$0
Dec 1997177016.322.41$2,889
Nov 1997347018.193.09$6,312
Oct 19970019.253.15$0
Sep 1997350017.742.95$6,209
Aug 1997173017.862.55$3,090
Jul 1997358017.582.25$6,294
Jun 1997348017.242.26$6,000
May 1997358018.972.31$6,791
Apr 1997357017.882.08$6,383
Mar 1997175018.951.94$3,316
Feb 1997348020.492.21$7,131
Jan 1997361023.483.54$8,476
Dec 1996360023.32$8,395
Nov 1996181021.97$3,977
Oct 1996374023.31$8,718
Sep 1996380022.22$8,444
Aug 1996165020.26$3,343
Jul 1996319019.55$6,236
Jun 1996380018.73$7,117
May 1996334019.43$6,490
Apr 1996184021.51$3,958
Mar 1996345019.38$6,686
Feb 1996178016.98$3,022
Jan 1996360017.07$6,145
Dec 1995349017.19$5,999
Nov 1995186016.00$2,976
Oct 1995347015.43$5,354
Sep 1995181016.18$2,929
Aug 1995282015.92$4,489
Jul 1995350015.24$5,334
Jun 1995353016.41$5,793
May 1995511017.56$8,973
Apr 1995165017.73$2,925
Mar 1995150016.44$2,466
Feb 1995298016.58$4,941
Jan 1995170015.92$2,706
Dec 1994167015.03$2,510
Nov 1994340015.90$5,406
Oct 1994158015.58$2,462
Sep 1994184215.29$2,813
Aug 1994353216.13$5,694
Jul 1994352217.56$6,181
Jun 1994167217.09$2,854
May 1994344215.88$5,463
Apr 1994351214.14$4,963
Mar 1994528212.46$6,579
Feb 1994344212.50$4,300
Jan 1994529212.66$6,697
Dec 1993352212.33$4,340
Nov 1993525214.49$7,607
Oct 1993184215.85$2,916
Sep 1993357215.03$5,366
Aug 1993359215.66$5,622
Jul 1993524215.46$8,101
Jun 1993356216.79$5,977
May 1993357217.68$6,312
Apr 1993355218.05$6,408
Mar 1993344218.14$6,240
Feb 1993483217.90$8,646
Jan 1993473216.93$8,008

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 2024 — as filed, then multipliedworked
Oil                  164 bbl  × $ 69.61 =    $11,416
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                  $11,416

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/O/20444 is the state's own key, not one this site invented.